$649,900
Est. $3,358/mo2 bd•2.5 ba
1227 Cherry Avenue #1201, Olympia, WA 98501
• Listed 2026-05-27•6 days on market
Talk to a local RexMont expert
Avg response under 5 mins
Introducing Thirteen + Cherry Townhomes, a fresh expression of urban luxury in the heart of downtown Olympia. All of these units are backed by an 8-year property tax exemption & A BONUS $15K FLEX CASH toward interest rate buy-downs or closing costs. These two incentives equate to over $50k in savings!” Steps from the state capital and surrounded by the city’s best dining, boutiques, and cultural experiences, this new community offers an exceptional blend of vibrancy and tranquility. Each residence features 2 bedrooms, an office, and 2.5 baths, thoughtfully designed to create a private, light-filled sanctuary. The beautifully appointed kitchen showcases clean quartz countertops, stylish cabinetry, and modern finishes, offering both function and sophistication. An open and spacious living and dining area flows seamlessly to a private balcony, where serene views of nature soften the energy of the always-moving city—a perfect retreat within the urban core. A one-car attached garage with ample storage adds convenience and efficiency, completing a home that supports both lifestyle and ease.
Listed by Jamie Michaud • Windermere Prof Partners
Listing updated: September 1, 2026 at 09:27pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2529038
1227 Cherry Avenue #1201, Olympia, WA 98501
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
Olympia School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$4,317 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Olympia is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 11 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 1, 2026 at 09:27pm (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
5 datesNearby open houses (1)
See more →
Open Sun, Sep 20$637,000
-$12,900 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $455K and $619K.1 outlier sale was excluded from this snapshot.
Rental earnings
$1,900/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$455,000Last sold price
2543 Natola Drive Se, Olympia, WA 98501
$619,000Last sold price
6905 Fairway Lane Se, Olympia, WA 98501
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
More homes in this area that match your range.
$459,950
1833 Eastside Street Se, Olympia, WA 98501
Michelle Le · Ace Development LLC
$425,000
1910 Evergreen Park Drive Sw #903, Olympia, WA 98502
Katelynn Rajcich · City Realty Inc.
$599,000
1130 East Bay Drive Ne, Olympia, WA 98506
Ken Ruth · John L. Scott, Inc.
$480,000
1124 Pear Street Ne, Olympia, WA 98506
Darcy Eggeman · Better Properties - Metro
$599,999
2191 Lakemoor Drive Sw, Olympia, WA 98512
Saul Negrete · eXp Realty
$725,000
1216 Kaiser Road Sw, Olympia, WA 98512
Richard Beckman · Richard Beckman Rlty Group LLC
$495,000
3608 Bittersweet Street Se, Olympia, WA 98501
Christina Janis · Epic Realty
$670,000
4029 Sanmar Drive Ne, Olympia, WA 98506
Melissa Hatfield · John L. Scott, Inc.
$725,000
1216 Kaiser Road Sw, Olympia, WA 98512
Richard Beckman · Richard Beckman Rlty Group LLC
$560,000
312 Oso Berry Street Nw, Olympia, WA 98502
Tiffany Curtiss · Olympic Sotheby's Int'l Realty
$599,950
230 Sunbeam (lot 46) Street Nw, Olympia, WA 98502
Jennifer Sherwood · KB Home Sales
$549,950
4812 Luminous (lot 29) Way Nw, Olympia, WA 98502
Jennifer Sherwood · KB Home Sales
